Replying to Avatar Peter Alexander

The US cannot win the trade war with #China.

Walmart pulling forward guidance tells you everything you need to know. Price hikes on all things out of China are being passed on to either the American buyer (Walmart) or the American consumer.

And I’ll also repeat again. China hasn’t even begun playing hardball. Export controls will be the point when that changes.
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Expatriotic 9mo ago

Win a trade war? That makes it seem like the point is for something magical to happen with China.

The outcome he's hoping for is that global comprehensive tariffs push companies to come into the US if they want to do business in the US...

I lived in Indonesia (in AnHui rn) and saw this a lot. Many things are taxed 100-200% and you'll see companies set up shop locally so they can compete. Honda for example.

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Fotoart 8mo ago

Happened in Argentina too. Ultimately, the victims of trade wars are the consumers.